An ocean transfer cargo ship was forced to jettison some


An Ocean Transfer cargo ship was forced to jettison some cargo during a severe storm. The various interests in the voyage at the time the property was jettisoned are the following: The captain jettisoned iron ore valued at $800,000. What is the amount that Ocean Transfer must pay under a general average loss? Explain your answer

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: An ocean transfer cargo ship was forced to jettison some
Reference No:- TGS01392762

Expected delivery within 24 Hours